Cyrela Brazil Realty SA (OTCMKTS:CYRBY) Short Interest Update

Key Points

• Cyrela Brazil Realty experienced a 74.5% decrease in short interest, dropping from 45,500 shares to 11,600 shares as of September 30th, indicating a potential shift in investor sentiment.
• The company's stock price rose to $5.11, with a market capitalization of $1.96 billion and a PE ratio of 6.39, highlighting its relatively low valuation.
• In its latest earnings report, Cyrela Brazil Realty reported an EPS of $0.19 and revenue of $371.89 million, showing robust profitability with a net margin of 19.65%.

Cyrela Brazil Realty SA (OTCMKTS:CYRBY - Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 11,600 shares, a decrease of 74.5% from the September 15th total of 45,500 shares. Based on an average daily trading volume, of 39,800 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 39,800 shares, the short-interest ratio is presently 0.3 days.

Cyrela Brazil Realty Price Performance

Shares of OTCMKTS:CYRBY traded up $0.11 during trading on Friday, reaching $5.11. 219 shares of the company's stock traded hands, compared to its average volume of 10,726. The company has a quick ratio of 7.67, a current ratio of 7.67 and a debt-to-equity ratio of 0.21. Cyrela Brazil Realty has a fifty-two week low of $2.61 and a fifty-two week high of $6.84. The company has a 50-day simple moving average of $5.20 and a 200-day simple moving average of $4.72. The firm has a market cap of $1.96 billion, a PE ratio of 6.39 and a beta of 0.81.

Cyrela Brazil Realty (OTCMKTS:CYRBY - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.19 EPS for the quarter. The company had revenue of $371.89 million for the quarter. Cyrela Brazil Realty had a return on equity of 16.52% and a net margin of 19.65%.

About Cyrela Brazil Realty

Cyrela Brazil Realty SA Empreendimentos e Participações develops and constructs residential properties in Brazil. It also provides real estate services, such as construction management and technical consultancy services. The company was founded in 1962 and is headquartered in São Paulo, Brazil.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.